Kaieteur News

• OMAI targets average US$1.2B in annual gold production for 18 years 

  …projects 6.3M ounces from Guyana operation …351,488 ounces annually; 435,667 during peak years  (Kaieteur News) – Canada-based Omai Gold Mines has published its Preliminary Economic Assessment (PEA) for its gold project in Region Seven (Cuyuni-Mazaruni), outlining a long-life, large-scale gold mining operation that is projected to produce 6.3 million ounces of payable gold over an 18-year […]

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• Total power demand to jump five-fold under development plan

  …peak electricity demand to soar by 957 MW (Kaieteur News) – The Guyana Power and Light’s transmission and distribution expansion plan 2026-2030 has projected that peak demand will increase to 1,671 MW by 2030, while total electricity demand is expected to increase more than fivefold, reaching an astonishing 10,441 GWh by 2030, up from 2,000 GWh […]

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• U.S. debt crosses $40 trillion threshold after doubling under Trump and Biden

  (Reuters) – Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a fiscal crisis is brewing as ballooning costs for social safety-net programs and interest payments far ​outstrip revenues held back by tax cuts. The Treasury’s latest daily cash and debt balances statement […]

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